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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

Read more

Industry News

NRC Accepts Nuclear Design Application from AREVA for Review

LCG, February 27, 2008--The Nuclear Regulatory Commission (NRC) yesterday accepted for review an application from AREVA to certify its U.S. Evolutionary Power Reactor (EPR) design. The EPR is a Generation III+ design based upon AREVA's 1,600-MW, European EPR that is now being deployed in Europe.

Areva filed its application to certify the design on December 11, 2007. The NRC will conduct a technical review and will issue a Safety Evaluation Report after all technical and safety questions are addressed. The NRC may then certify the design with an agency rulemaking. The NRC?s Office of New Reactors expects the review work will continue at least into 2011.

Earlier this month, UniStar Nuclear Energy, a joint venture between Constellation Energy and the EDF Group, announced that it had engaged an AREVA-Bechtel Power consortium to start developing the detailed design engineering for UniStar's proposed fleet of advanced nuclear power plants in the United States that would use AREVA's U.S. EPR design.

UniStar's targeted sites, include Constellation Energy's existing Calvert Cliffs Nuclear Power Plant in Lusby, Maryland. In July 2007 Unistar filed the environmental report portion of a combined construction and operating license (COL) application with the NRC to build the reactor, and Unistar plans to submit the remainder of the application in early 2008.

In December 2007, PPL Corporation announced that it contracted with Unistar to prepare a COL application with one of its subsidiaries to submit to the NRC for approval to build and operate a nuclear reactor using AREVA's U.S. EPR design at a site near the Susquehanna nuclear power plant in Pennsylvania. The application will be submitted by the end of 2008.
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